Balboa Port is pictured after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, in Panama City.

CK Hutchison Shares Soar After Panama Canal Stake Sale to BlackRock

Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...
Donald Trump-BlackRock CEO Larry Fink,

BlackRock’s Strategic Panama Canal Investment Marks Another Victory for Larry Fink Under Trump

Larry Fink, the CEO of BlackRock (BLK), is emerging as one of the early power players in President Donald Trump’s new administration. His latest triumph came on Tuesday when BlackRock, the world’s largest asset manager, announced a historic $22.8 billion...
Bitcoin

Bitcoin ETFs on Track for Record Inflows Amid Historic Surge Toward $100,000

The cryptocurrency market, U.S. Bitcoin exchange-traded funds (ETFs) are poised to record their highest-ever net inflow, fueled by Bitcoin’s meteoric rise toward the $100,000 milestone. A renewed wave of optimism surrounding the digital asset market has been spurred by President-elect...